Posted by Tina
Petrobras CEO Jos Sergio Gabrielli was flush with bullish insights when he stopped by the Journal’s New York office last week to talk about the Brazilian oil company. One reason for Mr. Gabrielli’s optimism is last year’s discovery of the offshore Tupi field, which is said to contain between five billion and eight billion barrels of black gold. Another, …neither environmentalists nor Brazilian politicians have raised concerns about exploiting oil… – Wall Street Journal